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Kerry Lutz of FinancialSurvivalNetwork.com joins us today to discuss the war on cash. How long has it being going on? How does it manifest in our daily lives? What will it mean for the future of our NIRP-driven central bank-controlled economic future? And how do we hedge against it?
SHOW NOTES
FinancialSurvivalNetwork.com
The War on Cash: A Country by Country Guide
So It Begins: Bloomberg Op-Ed Calls For An End Of Cash
And, on top of this, we have a huge amount of establishment-controlled corporations and media promoting the use of “Bitcoin” – and, unfortunately, also a lot of people who are anti-establishment that are falling into this last fallacy of an (immensely insecure and non-free) “alternative” to real/physical money.
Please, read: https://www.corbettreport.com/whos-afraid-of-p2p/#comment-28176
Again, beware of “electronic currencies”, such as Bitcoin. And, inform yourselves about something on the Internet called “deep packet inspection”: https://en.wikipedia.org/wiki/Deep_packet_inspection
I think some of the war on cash might be to allow the banks to go to negative interest rates. People won’t be able to take their money out of the bank so it will just be a fine. I guess that would also make people spend faster (to lower the amount of money they fine us on).
I’m pretty sure James you said you wanted this to be an open source investigation. Maybe there should be a link on the front page so people can easily get to this page?
Not that the link below is the most critical but it’s interesting to see how the propaganda works. Obviously the Superbowl is a huge event so Yahoo slipping in a line about how paper money is going to be antiquated (in the 2nd paragraph below) is going to get a lot of reads.
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https://ca.news.yahoo.com/future-fans-live-super-bowl-not-watch-070440886–nfl.html
Future fans will live the Super Bowl, not watch it
SAN FRANCISCO (Reuters) – In 2066 when the Super Bowl celebrates its 100th anniversary fans will not just watch the National Football League’s championship game – they will live it in all its bone-jarring virtual reality glory.
No longer a parochial pastime, futurists believe American gridiron will be a global game with franchises from London to Beijing, concussions, like paper money, will have disappeared and fans will swarm stadium concession stands at halftime for a puff on legalised marijuana or to sip on $100 beers.
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